1998 HRA Resolution 0678
HRA RESOLUTION NO. 678
RESOLUTION APPROVING PROPOSED 1999 HOUSING AND REDEVELOPMENT
AUTHORITY BUDGET AND CERTIFYING THE 1999 TAX LEVY
BE ITRESOLVED
by the Housing and Redevelopment Authority of the City of
Richfield, Minnesota as follows:
Section 1.The budget for the Housing and Redevelopment Authority
General Fund of Richfield for the year 1999 in the amount of
$1,111,250 is hereby ratified.
Section 2.The estimated gross revenue of the Housing and Redevelopment
Authority General Fund of Richfield from all sources, including
general ad valorem tax levies as hereinafter set forth for the year
1999, and as the same are more fully detailed in the Executive
Director’s official copy of the budget for the year 1999, in the
amount of $823,530 are hereby approved.
Section 3.There is hereby levied upon all taxable property in the City of
Richfield an ad valorem tax in 1998, payable in 1999 for the
following purposes:
Housing and Redevelopment Authority$185,000
Section 4.A certified copy of this resolution shall be transmitted to the County
Auditor.
Adopted by the Housing and Redevelopment Authority in and for the City of
Richfield, Minnesota this 17th day of August, 1998.
Thomas E. Harms, Chair
ATTEST:
Michael Sandahl, Secretary